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Bitcoin NOSEDIVE Explained! (Binance HACKED for $566 Million?)Bitcoin took a nosedive earlier today, losing 6% of its value in less than an hour and hitting an intraday low of $ Up to $90 million in long-bitcoin positions were wiped from the futures markets as a result of the unexpected volatility. Bitcoin's dramatic. The slump sparked a broad decline across all of crypto, leading to more than $1 billion in liquidations and putting Bitcoin on pace for its.